From a business owner’s tax perspective, sales tax is a mandatory charge you collect from customers on taxable goods and services. You don’t keep this money—instead, you hold it on behalf of the government and must report and remit it to the appropriate tax authority on a regular schedule. Proper collection, record-keeping, and timely filings are essential to stay compliant and avoid penalties.
QUARTERLY REPORTS
1st Quarter (JANUARY FEBRUARY MARCH)
Due: April 1st
2nd Quarter (APRIL MAY JUNE)
Due: July 1st
3rd Quarter (JULY AUGUST SEPTEMBER)
Due: October 1st
4th Quarter (OCTOBER NOVEMBER DECEMBER)
Due: January 1st